Hyundai Ioniq 5 vs. Mustang Mach-E, Tesla Model Y and VW ID 4: EV crossovers compared Bold design will only get Hyundai's new compact electric crossover so far as it goes head to head with some tough competition. Listen - 07:11 The Ioniq 5 is Hyundai's all-new electric effort. Hyundai As the first of an upcoming line of Ioniq-branded electric cars, Hyundai needs to put its best foot forward with the new Ioniq 5. Fortunately, the freshly debuted crossover makes a bold first impression with its geometric exterior design and the promise of big interior space, despite its compact footprint. But striking good looks will only get the Ioniq 5 so far. It will have to compete with the likes of Volkswagen's ID 4 and the Ford Mustang Mach-E, each bringing their own unique balance of value, performance and efficiency. Of course, the Ioniq will also have to contend with the 800-pound gorilla of this class, the Tesla Model Y.